This high-traffic, prime real estate with 456.29 feet of road frontage is located in Albany, KY at the intersection of Highway 127 and Hwy. 1590. The 10.89 acres is cleared and graded, is almost completely level, and has sewer, electric and water service available at the front corner. Centrally located between Lake Cumberland and Dale Hollow Lake, this property would be a perfect location for a marine-related business. With entry onto the property right off Hwy. 1590, patrons will enjoy immediate access to your retail location, service facility, professional offices, restaurant, gas station, or other business. The possibilities are endless! See the listing information for complete property details and an image of the survey. All measurements, utilities, zoning and suitability for business to be confirmed by buyer.
The median home value in Albany, KY is $355,000. This is higher than the county median home value of $132,900. The national median home value is $338,100. The average price of homes sold in Albany, KY is $355,000. Approximately 41.83% of Albany homes are owned, compared to 43% rented, while 15.17% are vacant. Albany real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Albany real estate agent to arrange a tour today!
Albany, Kentucky has a population of 2,243. Albany is more family-centric than the surrounding county with 30.68% of the households containing married families with children. The county average for households married with children is 29.75%.
The median household income in Albany, Kentucky is $27,415. The median household income for the surrounding county is $35,042 compared to the national median of $69,021. The median age of people living in Albany is 44.1 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 24.5 degrees. The average rainfall is approximately 52.3 inches per year, with 7.8 inches of snow per year.